SAR Amount definition

SAR Amount shall be determined by multiplying:

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SAR Amount shall have the meaning ascribed thereto in the Option Agreement.

SAR Amount means the aggregate amounts to be paid pursuant to the SAR Agreements in connection with the Transactions, determined on the basis that Buyer is not assuming the SAR Agreements or substituting similar agreements.

Examples of SAR Amount in a sentence

The SAR Amount shall be paid solely in whole Shares; any fractional amount shall be rounded down to the nearest whole share.
The SAR Amount shall be paid to the Grantee solely in whole Shares; any fractional amount shall be rounded down to the nearest whole share.
Pursuant to the SAR Award Agreements, the Non-Grandfathered SAR Amount will be distributed to the Executive in ten (10) annual installments.
The undistributed Non-Grandfathered SAR Amount will continue to be credited with earnings pursuant to the SAR Award Agreements.
Upon exercise of one or more vested SARs, the Participant will receive the SAR Amount (as defined below) in the form of Class A Shares, with such number of shares determined by dividing the SAR Amount by the Fair Market Value of a Class A Share on the date of exercise (with any fractional share amount being rounded down to the nearest whole share).
To effect payment upon the exercise of an SAR, the Company will issue to the Participant a number of ADSs equal to the SAR Amount (less the amount required to satisfy withholding tax obligations) divided by the Market Price of an ADS at the time of exercise of the SAR.
The following provision supplements Section 2.3 of the Award Agreement: The SAR Amount due to Participant upon exercise of the SAR shall be paid by the Employer through local payroll.
On January 10, 2017 (the “Grandfathered SAR Initial Payment Date”), the Company shall make the first payment to the Executive in an amount equal to ten percent (10%) of the Grandfathered SAR Amount, as determined on January 10, 2017.
The Cash Replacement SAR Amount for such cancelled Unvested Company SAR will be payable in accordance with the vesting terms of such Unvested Company SARs.
Within thirty (30) days of each of the nine (9) anniversaries of the Grandfathered SAR Initial Payment Date, an additional payment will be made to the Executive equal to (x) the value of the Grandfather SAR Amount, as adjusted for earnings, on the payment date divided by (y) the number of remaining installment payments (i.e., within thirty (30) days of January 10, 2018, 1/9th of the then-current Grandfathered SAR Amount will be distributed to the Executive).

More Definitions of SAR Amount

SAR Amount shall be determined by multiplying: (i) the difference obtained by subtracting the Exercise Price from the Fair Market Value of a share of Common Stock on the date of

SAR Amount is determined by multiplying (i) the excess, if any, of the Fair Market Value of a Class A Share on the date of exercise of such SAR over the exercise price, by (ii) the number of SARs that have been exercised. The SARs shall be subject to accelerated vesting upon (i) the Executive’s death or disability, (ii) termination of the Executive’s employment without “Cause” or with “Good Reason,” or (iii) a Change in Control (as defined below) following the date hereof. To the extent not yet exercised, any SARs shall expire on December 14, 2026. For purposes of the SARs, “Fair Market Value” means, with respect to a Class A Share, as of the applicable date of determination, (i) the closing sales price on the immediately preceding business day of Class A Shares as reported on the principal securities exchange on which such shares are then listed or admitted to trading, or (ii) if not so reported, the average of the closing bid and ask prices on the immediately preceding business day as reported on the National Association of Securities Dealers Automated Quotation System, or (iii) if not so reported, as furnished by any member of the National Association of Securities Dealers, Inc. selected by the Compensation Committee. In the event that the price of Class A Shares shall not be so determinable, the Fair Market Value of Class A Shares shall be determined by the Compensation Committee in its reasonable discretion.

SAR Amount means, as of any date on which Common Shares are required to be redeemed pursuant to Section 6.8, the aggregate amount payable by Holdings pursuant to all then existing SAR Agreements, assuming that (i) all stock appreciation rights thereunder are exercised on such date and (ii) that the fair market value of the Common Shares is determined by reference to the definition of Fair Market Value rather than pursuant to the provisions of such SAR Agreements.